Basic Facts

Dubai is the fifth-highest performing metropolitan economy in the world for last year as trade and tourism positively impacted the emirate’s employment and GDP per capita during the period. During 2014, Dubai’s ranking was boosted by a 4.5% growth in GDP and a 6.5% increase in employment.

United Arab Emirates is one of the most developed countries in the Arab Gulf and has one of world´s highest GDP per capita. The country still has a commodity-based economy, with shipments of oil and natural gas accounting for 40 percent of total exports and for 38 percent of GDP. Yet, in order to diversify the economy and reduce the dependence on oil revenues, UAE has been making huge investments in the tourism, financial and construction sectors.
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